Net Asset Value(s)

NET ASSET VALUE

BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC

The unaudited net asset values for BlackRock Greater Europe Investment Trust
plc at close of business on 16 November 2015 were:

248.99p  Capital only (undiluted)
248.83p  Capital only (Diluted for subscription shares)
248.83p  Capital only (Diluted for subscription shares & treasury shares)
248.82p  Including current year income (undiluted) XD
248.69p  Including current year income (Diluted for subscription shares) XD
248.69p  Including current year income (Diluted for subscription shares &
treasury shares) XD

Notes:

1.        Investments have been valued on a bid price basis.

2.        Revenue items included in net asset value, with dividends payable
deducted on the ex-dividend date.

3.        Following the conversion of 3,102 Subscription Shares into Ordinary
Shares on 6 November 2015, the Company now has 104,312,765 Ordinary Shares in
issue (excluding 5,488,898 Ordinary Shares which are held in Treasury).  The
Company also has 20,542,076 Subscription Shares in issue.

4.        For the latest daily net asset value, previous month end performance
statistics, asset allocation and ten largest holdings of the BlackRock managed
Investment Trusts; see BLRKINDEX on Reuters or page 8800 on ICB (Topic 3).